My parents have 2 empty lots in their property and I've thought about building a brand new house on one of the lots then selling it with the lot, would this be a good idea or bad? My mom had said to just rent it out, but I really would want to seel it, and then do the process again. They have said that they would possibly give me a lot in my name. What legal steps would I need to be aware of? My father built our own house so I know he could help me with the building process and contractors. Also, I dont live in the city so I know it wouldn't be too bad of a hassle getting permits and what not. ANY ADVICE? I have money saved, I want to start making a profit with the money I saved.